Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Chemicals and Allied Products Inventories
I4246IM144SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,610.00
Year-over-Year Change
-0.98%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the level of inventories held by merchant wholesalers of chemicals and allied products. It provides insights into wholesale supply chains and demand for these essential industrial inputs.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Chemicals and Allied Products Inventories indicator tracks the dollar value of inventories held by merchant wholesalers who sell chemicals and related products. This metric is closely watched by economists and policymakers to gauge broader industrial activity and supply chain dynamics.
Methodology
The data is collected through surveys by the U.S. Census Bureau.
Historical Context
Inventory levels are a key indicator of current and future economic conditions, influencing production, investment, and trade policy decisions.
Key Facts
- Chemicals and allied products are major inputs for a wide range of industries.
- Inventory levels reflect production, sales, and storage capacity in the wholesale supply chain.
- Fluctuations in this metric can signal changes in industrial demand and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of inventories held by merchant wholesalers of chemicals and allied products. It provides insights into supply chain dynamics and industrial activity.
Q: Why is this trend relevant for users or analysts?
A: Inventory levels are a key indicator of current and future economic conditions, influencing production, investment, and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge broader industrial activity and supply chain dynamics, which informs decisions around production, investment, and trade policy.
Q: Are there update delays or limitations?
A: There may be lag times in data reporting and updates due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Chemicals and Allied Products Inventories (I4246IM144SCEN), retrieved from FRED.